Health Information, Medical Records Technology Degree from Berks Technical Institute Return on Investment

See what the return on investment is for jobs that someone with a Health Information, Medical Records Technology degree from Berks Technical Institute is likely to work in.

F D C B A
Approximate Total Payment $105,153
Approximate Total Interest $29,762
Monthly Payment $730.23
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in health information, medical records technology from berks technical institute

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 17.96%-13.37%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

Health information technologists and medical registrars

Projection Rating: B

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 13.91%-10.35%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

Investing in your future is crucial, and pursuing a degree in Health Information and Medical Records Technology from Berks Technical Institute is a smart choice that promises a significant return on investment. In today's digital age, the healthcare industry relies heavily on accurate data management, making trained professionals in this field more essential than ever.

With a focus on equipping students with the necessary skills to manage patient records and medical data efficiently, Berks Technical Institute’s program offers a comprehensive curriculum designed to meet industry demands. Students will gain expertise in health information systems, coding, billing practices, and data analysis, ensuring they are well-prepared for the workforce upon graduation.

The demand for qualified health information technicians is growing exponentially. According to the U.S. Bureau of Labor Statistics, employment in this field is projected to grow by 8% over the next decade, which is faster than the average for all occupations. This growth translates into job security and potential for career advancement, making your investment in education worthwhile.

Moreover, graduates from Berks Technical Institute can expect competitive salaries. The average annual wage for health information technicians is significantly higher than many entry-level positions in other industries. By completing your degree, you not only enhance your earning potential but also position yourself for various roles, from medical records technician to health information manager.

In addition to financial benefits, the skills acquired during your studies will empower you to contribute positively to healthcare organizations. As a crucial player in managing patient data, you will help ensure that healthcare providers can deliver safe and effective care. This role not only offers personal fulfillment but also enhances the overall healthcare experience for patients.

In summary, a degree in Health Information and Medical Records Technology from Berks Technical Institute is not just an educational milestone; it's a strategic investment in your future. With a strong job market, competitive salaries, and the opportunity to make a meaningful impact in healthcare, you can confidently take the next step toward a rewarding career.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

Get your personalized projection here!